Childplay Toys

Business Details

How to get into your own business for spare change!  

"Quite simply they have ignored our advice and decided to run a zero-reserve auction".  Auctioneer and Business Broker Frank Walmsley.

What does that mean? It means that if you have been hoping and waiting for a business bargain, then your search has ended.  

Just because it is a bargain doesn't mean its inferior value. "I genuinely believe that this is the best business buy of the 40 odd businesses I’ll market and sell in Canberra this year. "

Why will it be the best buy? The owner barely works in the business and is a full-time public servant. The staff have successfully run the shop for many years, while the owner juggles a profession and family.

Now, because of a substantial change in family arrangements, she must let go of the business and let go of it quickly!  When we say near zero reserve auction, we mean it!

If you are in the market for a child's retail business that has a proven track record and with all the fundamentals in place, then please put yourself in a position to bid, buy and own Childplay Toys.
 

Childpay Toys has been operating since 2009 and has consistently turned over $250k+ per year.  We have a full information package available for interested buyers.  Simply email sales@capitalcommercial.com.au and we will provide.

For interstate buyers this website provides some insight to what’s on offer:
http://www.goodtoyshop.com.au/

Special Conditions: The sale of the business will be subject to the buyer and the landlord reaching agreement on the assignment of or entering a new lease.  

Why Auction: The owners want a result

Auction Date: Friday the 1st of December on-site at 6:00pm.

Flexible deposit options on offer. Business is being sold exempt of GST as it is an active asset.

Financial Snapshot

Reporting Period Weekly Average Weekly Average Weekly Average

Business Summary

Phillip, Australian Capital Territory
Retail - Arts, Crafts & Hobbies.

The premises is leased. The lease is currently on a month to month basis. The landlord has indicated that they are open to issuing a new lease to a buyer.

  •          22-24 Colbee Ct, Phillip ACT 2606
  •          lease commenced on: TBC
  •          lease expires on: TBC
  •          Term of the lease: TBC
  •          Option: TBC
  •          Bank guarantee: TBC
  •          Base rent: $32,400 p.a. (GST inclusive)
  •          Current Monthly rent: $2,970 per month (GST inclusive)
  •          Outgoings: Electricity
  •          Annual increases: Rent has remained static for duration of current ownership, but TBC.
  •          Public liability insurance: TBC
  •          SQM:170 SQM
Employees consist of: 1 Store manager. 4 Shop assistants. 2 Junior Customer Service Staff.
9:30 am 5:30 pm Monday To Friday 9:00 am 5:30 pm Saturday
Under management

Enquire Now

Sales Summary

Sale Status : Sold

Sale Method : Private Treaty

Investment Amount : $1

Stock at Value : $0.00

Finance Options :

Frank Walmsley

1300 793 690

0400 446 605

sales@capitalcommercial.com.au